For the Third Quarter,the Sales Are 2,500 Units; the Seasonal

question 3

Multiple Choice

For the third quarter,the sales are 2,500 units; the seasonal index for the quarter is 1.20. What are the deseasonalized sales for the quarter?

• A)1,739
• B)2,520
• C)2,500
• D)2,083

---

Definitions:

Operating Expense

Recurring expenses incurred during normal business operations, such as rent, utilities, and salaries.

Parent Corporation

A larger corporation that owns more than half the stock of another firm, allowing it to control the subsidiary's management and operations.

Foreign Subsidiary

A company owned or controlled by another company (the parent) but located and operating in a country different from the parent company.

Statement Of Retained Earnings

A financial statement that outlines the changes in retained earnings for a specific period, typically impacted by net income and dividends distributed.